PHXvsDFDV
Phoenix Group PLC vs DeFi Development Corp
Side-by-side Solana treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
PHX
Phoenix Group PLC
🇦🇪 AE
508,074 SOL
$42.6M market value
DFDV
DeFi Development Corp
🇺🇸 US
2,223,074 SOL
$186.4M market value
Metric
PHX
DFDV
SOL holdings
508,074 SOL
2,223,074 SOL
Market value of SOL
$42.6M
$186.4M
Average cost per SOL
—
$166.36
Total cost basis
—
$575.7M
mNAV (market cap ÷ SOL value)
3.87×
0.45×
Last disclosed purchase
—
4/22/2026
Country
🇦🇪 AE
🇺🇸 US
No tracked purchases yet
- 4/22/2026+30,000 SOL$6.0M
- 4/8/2026+25,000 SOL$4.9M
- 3/31/2026+1,745 SOL$145.0K
- 1/31/2026+25,403 SOL$2.7M
- 12/15/2025+770,000 SOL$142.4M
PHX vs DFDV: frequently asked
Which company holds more Solana, PHX or DFDV?▾
DeFi Development Corp (DFDV) holds 2,223,074 SOL, compared to Phoenix Group PLC's (PHX) 508,074 SOL — roughly 4.4× more.
What's the total Solana value on the balance sheets of PHX and DFDV?▾
PHX holds $42.6M worth of Solana at current market prices. DFDV holds $186.4M.
Who has a lower cost basis per SOL, PHX or DFDV?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did PHX last buy Solana?▾
PHX's last SOL purchase isn't in our tracked history yet.
When did DFDV last buy Solana?▾
DFDV disclosed a 30,000 SOL purchase on April 22, 2026.